Overseas Company Club Account (US Dollar)

Credit Interest Rates

Current Interest Rates

Interest rates are correct as at 09 January 2009

Interest on Credit Balances (paid half yearly)	% Per Annum Gross Rate*	% Per Annum AER**
Up to $2,000	Nil	Nil
$2,000+	Nil	Nil
$5,000+	Nil	Nil
$10,000+	Nil	Nil
$25,000+	Nil	Nil
$50,000+	Nil	Nil
$100,000+	Nil	Nil
$250,000+	Nil	Nil

Previous Interest Rates

Interest rates are from 21 November 2008

Interest on Credit Balances (paid half yearly)	% Per Annum Gross Rate*	% Per Annum AER**
Up to $2,000	Nil	Nil
$2,000+	Nil	Nil
$5,000+	Nil	Nil
$10,000+	Nil	Nil
$25,000+	Nil	Nil
$50,000+	0.10	0.10
$100,000+	0.15	0.15
$250,000+	0.25	0.25

*GROSS RATE: The contractual rate of interest payable before deduction of income tax at the rate specified by law.

**AER - AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.